Interlinked Agrarian Credit Markets in a Developing Economy: A Case Study of Indian Punjab
This paper attempts to analyse the various aspects of informal rural credit market of which interlinked contracts occupy the central place. In particular, the nature and extent of interlinked credit contracts, collateral requirement, purpose of loan, rates of interest charged in such transactions, etc. are dealt with. The gap between demand for credit and supply of formal/institutional credit has also been worked out, in an attempt to explain the purveyance of informal lenders, their ruthless and exploitative practices notwithstanding. [DSA, Annual conference 2003: Globalisation and Development]
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bell, Clive, 1988. "Credit markets and interlinked transactions," Handbook of Development Economics,in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 16, pages 763-830 Elsevier.
- Bhaduri, Amit, 1973. "A Study in Agricultural Backwardness under Semi-Feudalism," Economic Journal, Royal Economic Society, vol. 83(329), pages 120-137, March.
- Braverman, Avishay & Guasch, J. Luis, 1984. "Capital requirements, screening and interlinked sharecropping and credit contracts," Journal of Development Economics, Elsevier, vol. 14(3), pages 359-374, April.
- Basu, Kaushik, 1984. "Implicit Interest Rates, Usury and Isolation in Backward Agriculture," Cambridge Journal of Economics, Oxford University Press, vol. 8(2), pages 145-159, June.
- Swaminathan, Madhura, 1991. "Segmentation, Collateral Undervaluation, and the Rate of Interest in Agrarian Credit Markets: Some Evidence from Two Villages in South India," Cambridge Journal of Economics, Oxford University Press, vol. 15(2), pages 161-178, June.
- Basu, Kaushik, 1983. "The Emergence of Isolation and Interlinkage in Rural Markets," Oxford Economic Papers, Oxford University Press, vol. 35(2), pages 262-280, July.
- Bell, Clive & Srinivasan, T N, 1989. "Interlinked Transactions in Rural Markets: An Empirical Study of Andhra Pradesh, Bihar and Punjab," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 51(1), pages 73-83, February.
- Gangopadhyay, Shubhashis & Sengupta, Kunal, 1987. "Usury and Collateral Pricing: Towards an Alternative Explanation," Cambridge Journal of Economics, Oxford University Press, vol. 11(1), pages 47-54, March.
- Sarap, Kailas, 1990. "Interest Rates in Backward Agriculture: The Role of Economic and Extra-Economic Control," Cambridge Journal of Economics, Oxford University Press, vol. 14(1), pages 93-108, March.
- Aleem, Irfan, 1990. "Imperfect Information, Screening, and the Costs of Informal Lending: A Study of a Rural Credit Market in Pakistan," World Bank Economic Review, World Bank Group, vol. 4(3), pages 329-349, September.
- Hoff, Karla & Stiglitz, Joseph E, 1990. "Imperfect Information and Rural Credit Markets--Puzzles and Policy Perspectives," World Bank Economic Review, World Bank Group, vol. 4(3), pages 235-250, September.
- James P. Johnson & M. Audrey Korsgaard & Harry J. Sapienza, 2002. "Abstract," Strategic Management Journal, Wiley Blackwell, vol. 23(12), pages 1141-1160, December.
- Ghate, P. B., 1992. "Interaction between the formal and informal financial sectors: The Asian experience," World Development, Elsevier, vol. 20(6), pages 859-872, June.
- Bliss, C. J. & Stern, N. H., 1982. "Palanpur: The Economy of an Indian Village," OUP Catalogue, Oxford University Press, number 9780198284192.
- Kailas Sarap, 1990. "Factors Affecting Small Farmers' Access to Institutional Credit in Rural Orissa, India," Development and Change, International Institute of Social Studies, vol. 21(2), pages 281-307, April.
- Lipton, Michael, 1976. "Agricultural finance and rural credit in poor countries," World Development, Elsevier, vol. 4(7), pages 543-553, July.
- Bhaduri, Amit, 1977. "On the Formation of Usurious Interest Rates in Backward Agriculture," Cambridge Journal of Economics, Oxford University Press, vol. 1(4), pages 341-352, December.
When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:760. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Padma Prakash)
If references are entirely missing, you can add them using this form.